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Sensex gains 201 points in early trade

The Bombay Stock Exchange benchmark index, Sensex, Thursday recovered over 201 points in early trade on fresh buying by funds triggered by a firming asian trend.

The 30-share index, which had lost 77.03 points on Wednesday, recovered sharply by 201.36 points, or 1.098 percent, to 18,753,48, with all sectoral indices led by oil and gas and banking sectors gaining up to 1.79 percent.

The wide-based National Stock Exchange index Nifty rose by 58.40 points, or 1.04 percent, to 5,647.10.

In Asia, Hong Kong's Hang Seng index rose by 0.58 percent, while Japan's Nikkei by 1.92 percent in early trade.

The US Dow Jones Industrial Average ended 1.02 percent higher in Wednesday’s trade.